
Calculation of profit
Authored by Jaccy Lai
Other
11th Grade
Used 14+ times

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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business earns $45 000 from sales and has expenses of $23 500 for the same period
Earns profit of $20 500
Faces loss of $20 500
Faces loss of $21 500
Earns profit of $21 500
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business sells goods for $109 000. It has expenses of $67 250.
Profit of $41 750
Profit of $86 250
Faces loss of $ 41750
Faces loss of $86 250
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business sells 18000 units for $5 each. Total expenses for period are $54 000.
Loss of $36 000
Profits of $252 000
Profits of $49 000
Profits of $36 000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sales revenue for a business is $28 000. Total expenses for same period are $47 500.
Loss of $19 500
Loss of $ 5 000
Profits of $19 500
Profits of $5 000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business sells output for $11 for each unit. It sells 5500 units. Total expenses are $85 000.
Profit of $24 500
Loss of $30 000
Loss of $24 500
Profit of $30 000
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business sells 18 800 units for $10.75 each. Total costs are $97 500
Profits of $104 600
Profit of $202 100
Loss of $104 600
Loss of $202 100
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Revenue for a business is $112 500. Total expenses for the same period are $76 000
Loss of $36 500
Profit of $36 500
Loss of $36 000
Profit of $36 000
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